Terms Used In Arizona Laws > Title 48 > Chapter 34 > Article 3 - Corporation Commission Jurisdiction Over Private Water Companies

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• District: means a multijurisdictional water facilities district formed pursuant to this chapter. See Arizona Laws 48-5901
• Municipal water provider: means a city, town, domestic water improvement district, private water company or irrigation district that supplies water for nonirrigation use. See Arizona Laws 48-5901
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
• Private water company: means a public service corporation as defined in article XV, Constitution of Arizona, that provides water or wastewater services or both. See Arizona Laws 48-5901